National Fertilizers achieves highest ever fertilizer sales of 12.85 Lakh MT in Q1FY21

Date:07-06-2020

National Fertilizers Limited (NFL) has achieved highest-ever fertilizer sale of 12.85 Lakh MT in first quarter (April-June) of this financial year. This is about 21.5% higher than the sales of 10.57 LMT made by company in the first quarter of 2019-20. 

Other than significant growth in Urea sale, P&K fertilizers also recorded a growth of 13% during the quarter. In the month of June, 2020, the company sold 5.30 LMT of fertilizers, up by 15.5% than the 4.59 LMT sold in the same month previous year.

Shares of NATIONAL FERTILIZERS LTD. was last trading in BSE at Rs.30.8 as compared to the previous close of Rs. 31.6. The total number of shares traded during the day was 48493 in over 395 trades.

The stock hit an intraday high of Rs. 32.1 and intraday low of 30.6. The net turnover during the day was Rs. 1504342.

About National Fertilizers Limited (NFL):

NFL is engaged in producing and marketing urea, neem coated urea, bio-fertilizers (solid and liquid) and other allied industrial products. As of 31 March 2020, the Government of India holds 74.71% stake in the company.